Price for Flour and Meal; of Potatoes in Canada - 2023

Price for Flour and Meal; of Potatoes in Canada (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,379 per ton in 2022, waning by -17.8% against the previous year. Over the period under review, the import price saw a slight slump. The growth pace was the most rapid in 2020 an increase of 24%. The import price peaked at $1,678 per ton in 2021, and then shrank dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,381 per ton), while the price for Nigeria totaled $968 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.0%).

Price for Flour and Meal; of Potatoes in Canada (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $1,341 per ton in 2022, declining by -5.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12%. The export price peaked at $1,510 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,353 per ton), while the average price for exports to the Philippines stood at $981 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.8%).

Imports of Flour and Meal; of Potatoes in Canada

In 2022, approx. 4.5K tons of flour and meal; of potatoeses were imported into Canada; with an increase of 90% against the previous year's figure. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports surged to $6.3M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour and Meal; of Potatoes in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2.6	2.9	3.8	6.0	32.1%
Nigeria	N/A	N/A	N/A	0.1	0%
Others	0.3	0.3	0.2	0.2	-12.6%
Total	2.9	3.2	4.0	6.3	29.5%

Top Suppliers of Flour and Meal; of Potatoes to Canada in 2022:

United States (4.3K tons)
Nigeria (0.1K tons)

Exports of Flour and Meal; of Potatoes in Canada

In 2022, the amount of flour and meal; of potatoeses exported from Canada soared to 4K tons, with an increase of 142% on 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports skyrocketed to $5.3M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.